Jun 02, 2022 / 08:00AM GMT
Lenka Frostova - Kofola CeskoSlovensko a.s. - IR Manager
Ladies and gentlemen, welcome to Kofola's First Quarter '22 Results Conference Call. you will now hear a recorded presentation of Group CFO, Martin Pisklak, and business insights from Czechoslovakia and the Adriatic, presented by country CEOs, Daniel Burys and Marian Sefcovic.
Martin Pisklak - Kofola CeskoSlovensko a.s. - Group CFO & Director
Dear investors Martin Pisklak speaking. Yesterday, Kofola reported very strong numbers for the first quarter of 2022. Our revenues grew by 30%. Of course, we benefited a lot from the fact that in 2022, there were no strict lockdowns. However, I have to say that our revenues are very promising. We continued in strong trend, also in April and May.
Our EBITDA increased by 23%, and totaled CZK 112 million, and also I believe that all of our 3 segments were profit-making in the first quarter of 2022. Despite increasing interest expenses, our net profit remained stable. Also, net debt-to-EBITDA ratio remained stable and slightly above 3x. Increase of raw
Q1 2022 Kofola CeskoSlovensko as Earnings Call Transcript
Mar 01, 2024
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